GBM to buy Lomiko, add Quebec graphite project
Global Battery Materials agreed to buy developer Lomiko Metals (TSXV: LMR; US-OTC: LMRMF) in an all-share deal valued at about $11 million (US$7.9 million) that will give the private company…
Stock Markets/Investing
Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give the Australian gold producer a…
Denison starts building Canada’s first ISR uranium mine
Denison Mines (TSX: DML; NYSE-A: DNN) began full construction at its Phoenix uranium project in northern Saskatchewan, by starting installation of the first perimeter freeze wall after finishing site preparation….
Haywood cuts gold forecasts but miners attractive
Haywood Securities has cut its near-term gold and silver price forecasts after a weaker second quarter but says the pullback has created an attractive entry point into precious-metals equities ahead…
BHP, unions fail to reach Port Hedland wage deal
BHP (LSE, NYSE, ASX: BHP) and unions representing workers at its Port Hedland iron ore operations in Australia have ended wage negotiations without reaching a new agreement, but further talks…
Brazil court dismisses Indigenous case vs Belo Sun
Canadian miner Belo Sun Mining (TSX: BSX) has secured a final court ruling that permanently dismisses a class action challenging the Indigenous licensing process for its proposed $300-million (C$423-million) Volta…
Rule Symposium Video: Peru explorers face a permit premium, says Mazumdar
Investors should favour Peru explorers that already hold drill permits because approvals can stall strong copper and gold prospects for years, Exploration Insights newsletter editor and analyst Joe Mazumdar said…
Quebec puts Troilus on permit fast track
Quebec has selected Troilus Mining’s (TSX: TLG; US-OTC: CHXMF) namesake gold-copper project for a new service aimed at cutting mine permitting delays. Quebec launched Filon on June 2 for advanced…
Spanish Mountain logs high-grade gold results in BC
New drilling by Spanish Mountain Gold (TSXV: SPA) at its namesake project in British Columbia paves the way for an expansion of the property’s gold system. The stock jumped. Standout…
Implats halts South Africa’s largest platinum mine after six deaths spur safety concerns
Impala Platinum (JSE: IMP) has suspended mining for four days at its Rustenburg complex in South Africa after six recent worker deaths prompted a comprehensive safety reset. The platinum-group metals…
AI model values Awalé’s Odienné at $2.25B
Analytics firm Stormlands Mining has modelled Awalé Resources’ Odienné gold-copper project in Côte d’Ivoire at a $2.25-billion (C$317.7 billion) net present value after applying a higher gold price to public…
Rule Symposium Video: Revival weighs Beartrack-Arnette fast-track
Revival Gold’s (TSXV: RVG; US-OTC: RVLGF) recent deep drilling expands the high-grade Joss deposit at the Beartrack-Arnett project in Idaho, CEO Hugh Agro said. The 63-sq.-km project lies 19 km…